February 2021 - Vonex

Vonex inks mobile broadband wholesale deal with Orange Business Services

Sasha Karen (ARN) 05 February 2021 Telco provider Vonex has signed a multi-year agreement to provide business-grade mobile broadband services for Orange Business Services, a move set to underpin the latter’s Aussie expansion plans The agreement will see Vonex, through its wholesaler subsidiary 2SG Wholesale, which it bought in November 2019 for $2.6 million, effectively help to… Continue reading Vonex inks mobile broadband wholesale deal with Orange Business Services

Vonex wins wholesale contract from telco conglomerate Orange

February 5, 2021, by Alfred Chan Telecommunications company Vonex (ASX: VN8) will soon get a significant boost in their network usage having signed global telco giant Orange Group (EPA: ORA) to a multi-year enterprise deal for mobile and internet products. The agreement is with Orange Business Services and will see Vonex provide business-grade mobile broadband services… Continue reading Vonex wins wholesale contract from telco conglomerate Orange

Vonex finalises acquisition of Sydney-based Nextel

ASX-listed telco services provider Vonex has finalised its acquisition of Sydney-based NBN reseller and NEC partner Nextel. Vonex first announced the acquisition on 18 December 2020 (pdf), with the total consideration set at $1.58 million. Vonex said acquiring Nextel would allow for cross-selling and product expansion opportunities, while also growing its own customer base, carrier relationships and… Continue reading Vonex finalises acquisition of Sydney-based Nextel

Vonex seals the deal on earnings accretive Nextel acquisition

By Trevor Hoey. Published at Feb 3, 2021, in Technology Telecommunications innovator Vonex Limited (ASX:VN8) confirmed on Tuesday that the company had completed its acquisition of the Nextel business, effectively closing a proposed deal which was signed off as a binding term sheet in mid-December. The total consideration for the acquisition was approximately $1.6 million, including $315,000… Continue reading Vonex seals the deal on earnings accretive Nextel acquisition